Society for Laboratory Automation and Screening

Analysis

Society for Laboratory Automation and Screening is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for Laboratory Automation and Screening reported income of $9.6m and spending of $9.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $9.6m (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Laboratory Automation and Screening sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Napa Valley Festival Association ($9.5m), Spoleto Festival U S a ($9.6m) and Opera Philadelphia ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $330k (3.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $15.2m against liabilities of $6.4m, net assets of $8.8m. It reported 18 employees.